J
- Jamb
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The side of a doorframe.
- Joint Tenancy
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A situation where two or more parties own a piece of property together. Each of the owners has an equal share, and may not dispose of or alter that share without the consent of the other owners.
- Joists
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Horizontal beams laid on edge to support flooring or a ceiling.
- Judgement
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An official court decision. If the judgment requires payment from one party to another, the court may put a lien against the payee's property as collateral.
- Judicial Foreclosure
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A type of foreclosure conducted as a civil suit in a court of law.
- Jumbo Loan
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A mortgage loan for an amount greater than the limits set by Fannie Mae and Freddie Mac. Often called non-conforming loans.